Kazakhstan invites Bangladeshi businesses to cash in on its economic growth

The newly appointed Ambassador of Kazakhstan to Dhaka, who is based in Islamabad, Barlybay Sadykov, has invited Bangladesh businesses and entrepreneurs to visit Astana to take advantage of its “excellent economic growth”.

The ambassador met State Minister for Foreign affairs Md Shahriar Alam on Thursday, a day after he presented his credentials to President Md Abdul Hamid.

The ambassador said his government has established Astana International Financial Centre for enhancing trade cooperation and promote trade.

Sadykov pointed out that Bangladesh and Kazakhstan share common position on important international and regional issues.

He also referred to the role of CICA which has been established under the initiatives of Kazak government and which Bangladesh is a member of.

The ambassador said Kazakhstan is ready to extend support to Bangladesh’s candidature and causes in international fora and platforms.

He lauded the role of Bangladesh in peacekeeping operations and that Bangladesh may share its expertise and experience with Kazakhstan.

Kazakhstan being the world’s largest land-locked country requires to be connected to the other countries through land and sea routes and will explore the possibility of access to sea ports of Bangladesh.

He highlighted the importance of creation of Intergovernmental Commission between Bangladesh and Kazakhstan in order to identify and review the broad range of cooperation ranging from trade, economy, and investment to other sectors.

State Minister Shahriar lauded the “outstanding” development that has taken place in the Central Asian nation. He particularly praised Kazakhstan’s contribution to regional peace and stability.

He asked the Kazakh government to consider opening an embassy in Dhaka.

The ambassador said the they will organise a Business Forum Meeting in Dhaka on Bangladesh-Kazakhstan trade and investment in December.

He also stated that cooperation may be established between Eurasian Economic Union and Bangladesh to facilitate trade and economic cooperation.

The state minister proposed facilitating bilateral trades by according Free Trade Regime for Bangladesh under the aegis of Eurasian Economic Union.